#oil prices
articles
Hamas Agrees to Disarm in Phased Deal, Trump's 'Board of Peace' Says
The militant group reportedly accepted a U.S.-brokered framework for full disarmament, Israeli withdrawal and a new Pale...
Ibex 35 Hits Record High as Geopolitical Thaw Sends Oil Below $90
Spanish benchmark index surges past 19,852 points, buoyed by Trump’s announcement of a Hamas disarmament deal that sent ...
Ibex 35 Tests New Records as Oil Slips and Unicaja Jumps on Results
Spanish stocks edge toward uncharted territory on the back of falling oil prices, a geopolitical thaw, and a mixed bag o...
Alfa-Forex Forecasts Ruble at 80–82 vs Dollar Through August as Oil Drag Persists
The Russian ruble is set to extend July’s slide toward 80–82 per US dollar in August, pressured by lower oil revenues, r...
Oil Prices Fall as Hormuz Shipping Recovers, Easing Supply Fears
WTI and Brent crude fell on Friday as shipping through the Strait of Hormuz recovered to 30-35% of pre-conflict levels, ...
US Futures Surge as Amazon’s AI Cloud Strength Sparks Tech Rally; South Korea’s Kospi Leaps 17%
Amazon’s blowout cloud revenue reignites AI optimism, sending global tech shares soaring. South Korea’s Kospi jumps a hi...
Shell Triples Quarterly Profit to $10.8bn on Soaring Oil and Gas Prices
UK energy major Shell posted its best quarterly result since 2022, driven by elevated crude, gas and LNG trading margins...
First Lessons From the Iran War and the Global Energy Shock
The conflict and the energy crisis it triggered are reshaping assumptions about energy security, market dynamics and the...
Saudi Arabia leads 14-nation naval force to secure Red Sea trade routes as oil pushes toward $90
Saudi Arabia announced a 14-nation maritime defense coalition to protect Red Sea shipping from Houthi attacks, a move th...
Oil Swings as Saudi-Led Red Sea Defense Pact Eases Supply Fears, But Hormuz Risk Lingers
Brent crude briefly topped $93 before turning lower, pulled between a 14-nation naval coalition for Red Sea security and...
Dollar Falls Against Real as Fed Hold and US-Iran Tensions Steer Markets
The US dollar dipped versus the Brazilian real on Thursday as investors digested in-line Fed policy and Trump’s threat t...
Bank of England holds rate at 3.75% as inflation surprise is overshadowed by Iran-driven oil spike
The Bank of England kept interest rates at 3.75% for the fifth meeting in a row, but a 6-3 split vote revealed deepening...
Fed Dissent and Middle East Escalation Spark Global Market Sell-Off
The Federal Reserve's divided vote and US military strikes against Iran sent shockwaves through financial markets, drivi...
Saudi Arabia Rallies Nations for Red Sea Naval Coalition as Houthi Blockade Threatens Global Oil Flows
Riyadh is in talks with dozens of countries to secure vital shipping lanes after Houthi attacks escalated the Iran proxy...
Gold Futures Dip on Oil-Driven Rate Fears, Rebound After Fed Holds
COMEX gold edged lower before reversing after-hours as the Federal Reserve held rates and the market parsed hawkish oil-...
Drone Hits US-Owned Tanker at Egypt Port as Iran Fires on Jordan Bases, Brent Surges Above $90
A drone struck a US-owned gas storage tanker at Egypt’s Damietta port as Iran attacked US bases in Jordan and declared a...
Dow Sinks 1,153 Points as Oil Surge and AI Rout Batter Markets
The Dow plunged over 1,150 points Wednesday as a renewed oil spike from Iran fighting and a deepening AI stock sell-off ...
Dow Plunges 1,100 Points as Bond Yields Surge and Oil Spikes Amid Inflation Fears
US stocks fell sharply after the Fed held rates steady despite three dissenters, while a jump in oil prices above $90 an...
Fed Holds Rates but Internal Divide Grows as Energy Crisis Fuels Inflation
The US Federal Reserve kept its benchmark rate at 3.5-3.75% for the fifth time this year, but three policymakers pushed ...
Gold Slips on Oil and Rate Fears, Then Reverses After Hawkish Fed Hold
COMEX gold futures dipped in regular trading as Middle East tensions boosted oil and yields, but rebounded after the Fed...
Federal Reserve Leaves Rates Unchanged Again as Iran War, Oil Spike Trap Policymakers
The Federal Reserve held its key rate at 3.50–3.75% amid a 3-9 split vote and a new hawkish chair warning of zero tolera...
BoC Minutes Show Doubts on Growth Durability, Rate Hike Risk if Oil Spike Persists
The Bank of Canada’s July policy meeting minutes reveal officials are uncertain about growth sustainability, while warni...
Fed Poised to Hold Rates as Iran Conflict Clouds Inflation Outlook
The Federal Reserve is expected to keep rates steady but signal a September hike as geopolitical tensions and elevated o...
US Intercepts Iranian Missiles, Strikes Militias with Saudi Arabia Amid Escalating Strait of Hormuz Conflict
US military says all missiles aimed at American forces downed; warns of further action if attacks on troops or Saudi ene...
Crude Jumps 4% on Hormuz Clash; Tech Rout Deepens as AI Doubts Mount
Oil prices surged more than 4% after Iran halted tankers in the Strait of Hormuz and US-Saudi strikes hit Iraq. Asian te...
Chile’s Central Bank Holds Rate at 4.5% as Middle East Tensions Cloud Outlook
The Banco Central de Chile left its benchmark rate unchanged at 4.5%, citing renewed oil price shocks from the US-Iran c...
OPEC+ Considers Pausing Production Increases from October as Focus Shifts to 2027 Quotas
OPEC+ may freeze output after September’s planned increase, pausing for three months to allow negotiations on 2027 quota...
Nasdaq 100 Correction Deepens as AI-Chip Gloom Spreads, Dow Rises on Earnings, Oil Slips
The tech-heavy Nasdaq 100 fell 0.98%, capping a five-day slide that pushed the index into a 10% correction from record h...
Trump Signals 'Good' Iran Talks But Warns of Attack on Nuclear Site; Oil Slides
Trump described delicate diplomacy but threatened to demolish Iran's underground 'Pickaxe' facility if no deal is reache...
Trump Threatens Strike on Iran's Mountain Nuclear Facility If Deal Not Reached
President Trump warned the US will destroy Iran's underground Pikaks nuclear site unless a diplomatic deal is struck, ci...